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Investors boost stakes in Asbury Automotive, but its earnings fall short of expectations.
Highland Capital Management and Illinois Municipal Retirement Fund have increased their stakes in Asbury Automotive Group, a U.S. automotive retailer.
Despite these investments, Asbury's recent earnings report showed mixed results, with revenue at $4.15 billion and earnings per share at $6.82, both below expectations.
Analysts have given the stock a "Hold" rating with a price target of $263.50.
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Los inversores aumentan las participaciones en Asbury Automotive, pero sus ganancias están por debajo de las expectativas.